DOGE Shows Bullish Sentiment With Breakout, Pullback, And Support At $0.196
Author: Shaurya Malwa Updated: July 16, 2025 5:56 AM Published: July 16, 2025 5:54 AM
Key points:
News background
DOGE’s breakout comes amid a general resurgence in meme coins as traders turn to volatility ahead of major macroeconomic events expected later this week.
Institutional signatures were visible in the sharp volume increases above $0.195, while market makers defended support levels around $0.190 early in the trading session.
The technical setup now corresponds to the Fibonacci retracement targets around $0.197, with $0.21 seen as the next extension level if the bulls regain their footing.
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